February 2012

On December 23, 2011, President Obama signed H.R. 2055, the “Consolidated
Appropriations Act”, into law (Click here to view the entire statute). In so doing, Congress and the President approved a provision that will deny access to all Federal student financial aid to individuals without a high school diploma, a GED or without equivalent homeschooling after June 30, 2012. This effectively eliminates Title IV student loan and grant eligibility for all ATB students after this date.